.📝 Pro Tip: Keep receipts & records to back up your claims.

The 10 Year Treasury is back up over 4.20% which pushed rates back up and HELOC rates even higher.

(Which can be documented by your septic company if there is a clog or backup).

Picking this one back up: Dallas has restricted most short term rentals except for in certain areas as of this past summer. 

We actually keep marketing your property and accepting back up applicants until your property is actually occupied.

Quote from @Olga Nadal: Here is the situation, we identified 3 properties for our 1031 with the idea of buying two and having a back up.

The STR loophole can offset your active income via accelerated depreciation with a cost segregation study, but ensure the property is profitable as an STR, with LTR as a backup.

You might want to focus on one, and use the other as a backup strategy.Rentals: Focus on finding good rentals from direct marketing, MLS, wholesalers, etc.

I’ll keep this in mind when I make it back up there!

The house listing: https://www.furnishedfinder.com/property/762288_1The studio listing is: https://www.furnishedfinder.com/property/652295_1Hey Waylon,As a real estate agent in Tampa I’d say you should list it for sale as an investment property with the tenants only if the #s back up your asking price.